Chris Thorsen is a partner in the Business Litigation Practice Group and heads the firm’s Business and Securities Litigation Practice Team. Chris represents businesses and individual directors and officers in bet-the-company litigation and arbitration matters involving corporations, individuals, the S.E.C., the Department of Justice, FINRA, and state securities law enforcement agencies. He also represents financial institutions in mortgage-backed securities litigation and in matters involving state and federal regulatory authorities. In addition to these matters, Chris represents and advises businesses in all manner of business disputes, including matters involving enforcement of contracts, breach of representations and warranties, fraud, misappropriation of trade secrets, breach of non-compete and non-solicitation agreements, and the many types of disputes that are unique to the particular industries in which his clients operate. Chris also litigates disputes over large trust and estate matters, including disputes involving fiduciaries, will contests, trust litigation, and conservatorship actions. Finally, Chris is a certified Tennessee Supreme Court Rule 31 mediator.
Chris represents registered investment advisors, broker-dealers, hedge funds, private equity funds, public and private issuers, and their directors and officers in securities litigation and investigations conducted by the S.E.C., the Department of Justice, FINRA, and state securities agencies. Chris recently defended a private investment company in matters across the country involving claims of securities fraud, breach of fiduciary duty and mismanagement arising out of almost two hundred multi-million dollar investments in two separate exchange funds. Chris has also recently represented several companies and their directors and officers, including a family of mortgage and financial services companies, in connection with investigations and enforcement actions conducted by the S.E.C. and the Department of Justice. Additionally, Chris has assisted broker-dealers, private issuers, oil and gas investment companies, and individuals in enforcement actions and investigations brought by the Tennessee Department of Commerce and Insurance, Securities Division, and similar securities laws enforcement agencies of other states, including Alabama, Pennsylvania and Virginia. He also represents both companies and individuals in FINRA enforcement actions.
Chris’s practice also includes advising businesses in all manner of business disputes, including matters involving enforcement of contracts, breach of representations and warranties, fraud, misappropriation of trade secrets, breach of non-compete and non-solicitation agreements, and the many types of disputes that are unique to the particular lines of business in which each client operates. For example, Chris represents America’s largest homebuilder and its financing arm in complex commercial disputes arising out of nine figure mortgage-backed securities transactions. He also represents individual and corporate clients in matters involving alleged privacy laws violations brought by both private litigants as well as federal and state regulators. Chris has tried business disputes in state and federal courts, and has arbitrated an array of business disputes in both the AAA and JAMS as well as in ad hoc arbitrations.
Trust and Estate Litigation:
Chris litigates disputes over large trust and estate matters, including disputes involving fiduciaries, will contests, trust litigation, probate matters and conservatorship actions. His trust and estate litigation matters vary widely from representing large, institutional trustees in administration disputes to representing individuals in probate and trust disputes between fiduciaries, beneficiaries, creditors, debtors, and third parties. Often the individuals in this latter group have no particular experience serving as trustee or estate administrator prior to serving in this capacity at the request of a loved one who has recently passed. Assisting these individuals through the legal process during a difficult time in their lives is particularly rewarding, both personally and professionally.
Financial Services Litigation:
Chris is actively involved in representing financial institutions in all types of mortgage-related litigation, ranging from mortgage-backed securities repurchase litigation between financial institutions, to federal and state regulatory and enforcement matters, to litigation involving commercial and residential mortgage claims, including TILA, HOEPA, FDCPA, FCRA, RESPA and RICO claims, as well as predatory lending, mortgage fraud, and short-sale purchase fraud claims.
During Chris’ tenure at the firm, he has served as interim in-house counsel for one of the largest insurance brokerage firms in the world, where he managed litigation throughout the United States. Through that experience, Chris gained valuable insight on litigation project management as well the internal challenges faced by businesses in their litigation matters.